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FIELD NOTE, SEP 2026

Fort Worth’s $6.7 billion year was bigger in dollars than in jobs

Fort Worth booked $6.7 billion in new capital investment in fiscal year 2025, alongside close to 7,000 new and retained jobs, figures Mayor Mattie Parker cited this month. Divide one by the other and it comes to roughly $957,000 of investment per job. That ratio is the story, more than either headline number.

A handful of projects carry the dollar figure. Meta’s facility at AllianceTexas came in around $2 billion, and Wistron’s two AI supercomputing plants in the same corridor add an estimated $761 million. Siemens opened a $190 million electrical equipment plant in March expecting 800 jobs, about $237,500 per job, a far denser employer than the data center builds. Behind all of it, the council voted 7 to 4 in August to approve a 187 acre site plan for Black Mountain Power in southeast Fort Worth, a project its developer says could reach $10 billion at full buildout. The city also turns permits around in a week or less 97.7 percent of the time, a real edge in pulling projects in the door.

DFW is on our watch list, not in a fund. The metro added about 123,557 residents and 54,600 jobs in the most recent periods we track, so demand is there at scale. What we’re watching in Fort Worth specifically is whether next year’s job count follows the capital or keeps lagging it. Data centers and power plants pay property taxes, not rent. Rooftops follow payrolls.